What does the buyer mean?

The buyer, also known as the buyer, is the person who agrees to pay the price in the sales contract; The bidder who buys the auction target at the highest price; Units and individuals that sign real estate sales contracts and purchase real estate with construction units.

Legal basis:

Article 595 of the Civil Code of People's Republic of China (PRC)

A sales contract is a contract in which the seller transfers the ownership of the subject matter to the buyer and the buyer pays the price.

Article 626 of the Civil Code of People's Republic of China (PRC)

The buyer shall pay the price in accordance with the agreed amount and payment method. Where there is no agreement or unclear agreement on the amount and payment method of the price, the provisions of Article 510 and Item 2 and Item 5 of Article 511 of this Law shall apply.

Article 627 of the Civil Code of People's Republic of China (PRC)

The buyer shall pay the price at the agreed place. Where the place of payment is not agreed or clearly agreed, and cannot be determined according to the provisions of Article 510 of this Law, the buyer shall pay at the seller's business place; However, if the payment of the agreed price is conditional on the delivery of the subject matter or the delivery of the documents for extracting the subject matter, the payment shall be made at the place where the subject matter is delivered or the documents for extracting the subject matter are delivered.

Article 628 of the Civil Code of People's Republic of China (PRC)

The buyer shall pay the price at the agreed time. If there is no agreement or the agreement is unclear, and it cannot be determined according to the provisions of Article 510 of this Law, the buyer shall pay at the same time as receiving the subject matter or taking out the subject matter documents.